The Turkish Index of 100 aka BIST100 is experiencing an inflation powered bullish trend for the past 2 years. This is not going to be the end of it. In fact, this I believe, is the last and most powerful up-thrust of the index. My thoughts are that Turkey is experiencing a currency & stock market correlation to Argentinian crisis. Albeit the reasons are different, the outcome looks as if it is 18 to 19 months lagging Argentina. Right now the currency is where the Argentinian pezo against US Dollar lost it's control at, 31.30s. From there the pair jumped towards 60 and beyond until 800s. If not taken under control here, Turkish Lira and the stock market are doomed to experience something very similar. I see the Index headed to USD 1.000 and USDTRY headed to 50.00 which targets my XU100 at 50.000 TRY points.